Tag: Germany

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German Regulator Flags Crypto Broker for Operating Without License

German regulator federal financial supervisory authority issued a warning against Bulgarian cryptocurrency broker 5 Capital. German regulator federal financial supervisory authority (BaFin) issued a warning against Bulgarian cryptocurrency broker 5 Capital on Nov. 11. The regulator has barred 5 Capital from operating in the country since the firm illegally offered Contracts for Difference (CFDs) designed…
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BaFin Orders Gold-Backed Token Issuer and Alleged Ponzi Scheme to Cease-and-Desist

BaFin has issued a cease-and-desist order to Karatbit Foundation to immediately stop unauthorized e-money business in Germany based on the issuance of the KaratGoldCoin. The German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order to Karatbit Foundation to immediately stop unauthorized business in Germany.  BaFin alleges that Karatbit Foundation is issuing…
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Crypto News From the German-Speaking World: Nov. 3-10

Cointelegraph auf Deutsch presents a weekly digest of selected cryptocurrency and blockchain-related developments from the German-speaking world. The past week has marked a number of crypto- and blockchain-related developments in the German-speaking world. Malta Enterprise partnered with Deutsche Telekom’s IT service subsidiary to offer its blockchain-as-a-service (BaaS) marketplace, French IT company Atos and Austrian startup…
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Crypto News From the German-Speaking World: Oct. 27 – Nov. 2 in Review

This week’s selected cryptocurrency and blockchain news from the German-speaking world, courtesy of Cointelegraph auf Deutsch. The German-speaking world has experienced another week full of exciting developments in the crypto industry, with Germany setting the pace in the European fintech scene, German banks arguing in favor of a digital euro, Austria testing how to trade…
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Five European Union Countries Team Up to Block Libra: Report

Five European Union member countries are purportedly creating a unified front against the issuance of Facebook’s proposed Libra stablecoin. Five European Union member countries have reportedly teamed up to prevent the issuance of Facebook’s stablecoin Libra. Private meetings to turn EU against Libra Following a series of private meetings in October, France is reportedly leading…
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Association of Prive German Banks Argues for Digital Euro

The Association of German Banks released a paper in which it says that the economy needs the digital euro. German banks have presented a position paper in which they make several arguments for the digital euro. On Oct. 30, in a paper released by the Association of German Banks (Bankenverband), which represents more than 200…
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Deutsche Börse Aims to Ease Digital Securities Transfer With New Deal

A partnership with Cashlink simplifies the process via which investors pump cash into startups, using distributed ledger technology or DLT. The venture capital arm of German marketplace Deutsche Börse has sealed a new partnership for allowing institutional investors to obtain digital securities. Deutsche Börse pushes regulated digital securities In a press release on Oct. 30,…
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Startup Aims to List Bitcoin Product on Frankfurt, Luxembourg Exchanges

A German startup is reportedly aiming to list a Bitcoin exchange-traded note on the Frankfurt and Luxembourg stock exchanges by December. A German startup is attempting to list a Bitcoin (BTC) derivative product on the Frankfurt and Luxembourg stock exchanges. According to German business news daily Handelsblatt on Oct. 29, the startup Iconic has filed…
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Cryptocurrencies Like Bitcoin are Not Real Money: German Parliament

Cryptocurrencies like Bitcoin are not real money, according to a statement published by the German federal parliament. Cryptocurrencies such as Bitcoin (BTC) are not real money, according to a statement published by the German federal parliament on Oct. 28. Not a payment vehicle, not a store of value Per the announcement, the assets offered by…
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Crypto and Blockchain News From German-Speaking World: Oct. 20-26

Cointelegraph auf Deutsch presents a weekly digest of selected cryptocurrency and blockchain-related developments from the German-speaking world. The German-speaking world has seen an array of crypto and blockchain-related developments over the past week, with the Federal Ministry of Finance concluding that cryptocurrencies are hardly involved in money laundering and terrorist financing (TF), Bitwala integrating a…
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